Sole 24 Ore: Goldman Sachs and three other big players involved in Milan takeover

By Oliver Fisher -

With each passing hour more information seems to emerge regarding Investcorp’s potential acquisition of AC Milan from Elliott Management.

As reported by Il Sole 24 Ore (via, the American multinational investment bank Goldman Sachs are involved in Investcorp’s attempts to buy Milan. This functions as a guarantee of seriousness and almost a certainty on the closing of the operation, scheduled for the end of April.

Goldman Sachs are the largest US bank who have interest in football and they are functioning as an advisor to the Bahrain-based fund in the ongoing negotiations with Elliott Management, who they will also know well.

There are other names supporting the Investcorp-Milan takeover too such as Waleed Ahmed Salem Al Mokarrab Al Muhairi – the deputy chief executive of the Mubadala fund that have a 20% stake in Investcorp – plus Abdulramhan Bin Saud Al-Thani, minister of Qatar and director of Q National Bank.

Hisham Saelh Ahmed Al Sale – General Manager of Premier Group WLL – is also involved. He deals with the private investments of the King of Bahrain, Hamad bin-Isa Al-Khalifa. These are three very important players in the international and Middle Eastern market who are taking an interest so that the negotiation between Milan and the Bahraini fund runs smoothly until the closing.

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